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General

Claro Caribbean sales down 3% in Q1, mobile subs up 6%

Wednesday 29 April 2020 | 12:42 CET | News
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America Movil's Claro units in the Caribbean reported first-quarter revenues down 3.2 percent year on year to USD 435 million, attributed above all to annual falls of around 8 percent in equipment and fixed line sales. In Puerto Rico revenues declined 4.9 percent year on year but in the Dominican Republic sales were up 5.7 percent thanks mainly to the highest annual rise in postpaid service revenues in five quarters. EBITDA for the Caribbean region came to USD 141 million, down 4.5 percent, with the EBITDA margin dipping to 32.3 percent of revenues from 32.8 percent a year earlier.

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Categories: General
Companies: America Movil / Claro / Claro Caribbean / Claro Puerto Rico
Countries: Caribbean
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